ActiveResidential · sale

131 W LOWER CRABAPPLE RD

Fredericksburg, TX 78624

$375,000

  • 3 beds
  • 2 baths
  • 1,300 sq ft
  • 0.54 acres
  • Built 1966

Listed by Texas Ranches For Sale · MLS #1998542

A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1966.

Property size

0.54 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Located in the heart of Fredericksburg, this exceptional 0.544 acre commercial opportunity offers outstanding visibility and versatility in a well established part of town. Positioned approximately 1.2 miles north of Main Street along highly traveled Crabapple Road, the property features approximately 100 feet of road frontage and is positioned in a prime location directly across from Fredericksburg Elementary School. The lot is mostly level and has several large trees, one of which being a beautiful live oak located at the front of the property. The back half of the lot is spacious and has several good sized native pecan trees. This 0.544 acre lot has desirable C-1 commercial zoning already in place. The property presents an outstanding opportunity for a wide variety of potential uses including professional office space, medical or wellness services, short-term rental potential, all of which are subject to city regulations. The combination of strong frontage, central location, C-1 zoning, and existing improvements makes this a rare investment opportunity in an established area of the City of Fredericksburg. The residence was built in 1966 and features approximately 1,300 +/- square feet of living space, comprising three bedrooms and one-and-a-half bathrooms. The home has carpet floors in each of the bedrooms and linoleum floors in the bathrooms and kitchen area. A nice concrete driveway leads you to the attached two car garage.

THE NEIGHBORHOOD

Explore the location.

131 W LOWER CRABAPPLE RD, Fredericksburg, TX 78624

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1966
Full baths
2
Half baths
0
Cooling
One Central, Other
Heating
Central, None
Flooring
Carpeting, Ceramic Tile, Vinyl, Other
Exterior
Brick, Wood, Other
Pool features
None
Subdivision
N/A
Parcel
87776
HOA amenities
None
Elementary school
Call District
Middle school
Call District
High school
Call District
Annual property tax
$6,011.11

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase$625.12
Estimated monthly rent$1,562.50
Cap rate2.25%

Annual operating income: $8,438.89

HOA: No HOA cost is included because the listing source does not report one. Confirm whether HOA dues apply before relying on this estimate.

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Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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131 W LOWER CRABAPPLE RD, Fredericksburg, TX 78624 · MLS #1998542

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Listing information

MLS #1998542 · San Antonio Board of Realtors

Listing brokerage: Texas Ranches For Sale
Listing agent: Griffin Kott

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.